Kestra Private Wealth Services LLC Grows Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Kestra Private Wealth Services LLC boosted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 28.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,220 shares of the semiconductor provider’s stock after purchasing an additional 2,291 shares during the period. Kestra Private Wealth Services LLC’s holdings in NXP Semiconductors were worth $2,347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. IMPACTfolio LLC boosted its holdings in NXP Semiconductors by 4.3% during the fourth quarter. IMPACTfolio LLC now owns 1,189 shares of the semiconductor provider’s stock worth $273,000 after buying an additional 49 shares in the last quarter. Financial Management Professionals Inc. raised its stake in shares of NXP Semiconductors by 4.3% during the 4th quarter. Financial Management Professionals Inc. now owns 1,220 shares of the semiconductor provider’s stock worth $280,000 after buying an additional 50 shares during the period. Carret Asset Management LLC grew its stake in NXP Semiconductors by 2.2% in the 4th quarter. Carret Asset Management LLC now owns 2,330 shares of the semiconductor provider’s stock valued at $535,000 after acquiring an additional 50 shares during the period. Windsor Capital Management LLC raised its position in NXP Semiconductors by 1.8% during the fourth quarter. Windsor Capital Management LLC now owns 3,034 shares of the semiconductor provider’s stock worth $697,000 after acquiring an additional 55 shares during the period. Finally, Central Bank & Trust Co. grew its position in shares of NXP Semiconductors by 1.2% in the fourth quarter. Central Bank & Trust Co. now owns 4,533 shares of the semiconductor provider’s stock valued at $1,041,000 after purchasing an additional 55 shares during the period. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Analyst Upgrades and Downgrades

NXPI has been the subject of several research analyst reports. Oppenheimer upped their price target on shares of NXP Semiconductors from $250.00 to $295.00 and gave the stock an “outperform” rating in a research report on Wednesday. UBS Group raised their target price on NXP Semiconductors from $230.00 to $270.00 and gave the company a “neutral” rating in a research report on Wednesday. Evercore ISI boosted their price target on NXP Semiconductors from $300.00 to $370.00 and gave the stock an “outperform” rating in a research report on Wednesday. StockNews.com downgraded shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Wolfe Research upgraded shares of NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price objective for the company in a report on Thursday, January 18th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average target price of $257.72.

NXP Semiconductors Price Performance

NXP Semiconductors stock opened at $249.43 on Thursday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.39 and a current ratio of 2.35. The company has a market capitalization of $63.88 billion, a price-to-earnings ratio of 23.03, a price-to-earnings-growth ratio of 0.97 and a beta of 1.54. The company’s 50 day simple moving average is $242.28 and its 200-day simple moving average is $220.92. NXP Semiconductors has a 1 year low of $161.23 and a 1 year high of $264.26.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share for the quarter, beating analysts’ consensus estimates of $3.33 by $0.04. NXP Semiconductors had a return on equity of 37.65% and a net margin of 21.24%. The business had revenue of $3.42 billion during the quarter, compared to analysts’ expectations of $3.40 billion. As a group, equities research analysts expect that NXP Semiconductors will post 12.21 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were paid a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend was Wednesday, March 20th. NXP Semiconductors’s payout ratio is 37.49%.

NXP Semiconductors Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.